Trader on BBC "Goldman Sachs" Runs the world

Tyrone77 said:
I've said it once and I'll say it again. The moment everyone on this forum talks about what they should do on the stock market, I tend to do the opposite. So thanks everyone, I'll be going long tomorrow (dont quote me on this tomorrow please) ;)
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I'm sitting pretty on the fence while the Greece issue continues. If they did default (or one of the others in trouble) then I will be acting pronto. The IMF has laid down an ultimatum, so I'm scared to move in any direction at the moment.

There has been some good recovery today, but after seeing the hang seng hit for 1000 last week, it brings my mind back to the 2008 car bailout. Not happy with stability at the moment, it could go either way.
 
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Well he says what he thinks, got to give him that :).


What annoys me though is the media like to get a particular extreme person on from a particular demographic (so out of all the Traders they had to pick him) and then like to make out that this one individuals views are those of the entire demographic. :rolleyes: BBC.
 
My father currently has about 130k in a share portfolio. He has it managed of course but im thinking in this climate he is better off cashing it all in and buying gold.... am i way off the mark?
 
benneh said:
lol ocuk investors.
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lol people who think you can't find out and understand for yourself:D

seriously, do the research, the info is out there, most people on here are numerically literate just work it out, it's not rocket science.

what the guy said is a possible outcome, there are other possible outcomes, the real guess work and judgement is about second guessing what the daft politicians will do.

Treasuries are obviously in demand at the moment hence the megga low yields. This is strange because they should be regarded as a bad risk, but in fact they are the least risky investment by a long way.

I think basically he is saying invest in something that is very safe even if you lose a little bit and then when all the rest has crashed, buy in and wait for it all to go back up again.

I think he is right tbh, whatever the euro idiots do now will eventually end in disaster, the only question is the timescale.
 
AtreuS said:
My father currently has about 130k in a share portfolio. He has it managed of course but im thinking in this climate he is better off cashing it all in and buying gold.... am i way off the mark?
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you have to balance the risk reward,
 
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AtreuS said:
My father currently has about 130k in a share portfolio. He has it managed of course but im thinking in this climate he is better off cashing it all in and buying gold.... am i way off the mark?
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Personally I'd leave it to them to manage as the gold boat has probably sailed as everyone and their dog is talking about it. Glad I got 8-9oz about 3 years ago :)
 
What an IDIOT!!!!!!! I abhor people like that - know a few sadly but they will continue to spout **** with no backing for their argument just thinking they look smart or somehow dramatic. He's more than likely very good at trading but just comes out with all this with no backing and expects people to take note.

Eurgh.


*runs off to buy treasury bonds*
 
God have mercy on your soul, you are overreacting the same way to this situation (because you have no idea how financial world works) as christians were going crazy of fear that CERN would create a black hole with their experiment.
 
Guy is a joke. A couple of friends who work as trader at GS and BarCap are just laughing at how he's taken the brash stereotypical trader to the extreme.
 
As I said in the other thread. He is only trying to create the exact fear that he needs to make money on his investments.

Not the first time someone has talked a lot of crap on TV for their own advantage....
 
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